Caplight was founded in 2021 to enable investors to hedge, generate income or take long and short positions on private company stock using structured products and synthetics. The company’s goal is to bring public equity market-like transaction data, execution, and settlement mechanics to the private markets. In doing so, Caplight will allow many large institutional investors to access the private markets for the first time. The company was founded by Javier Avalos and Justin Moore, who were early employees at Forge Global, a marketplace for buying and selling pre-IPO shares. In their time at Forge, Javier oversaw the company’s Marketplace business while Justin spearheaded much of the early technology development.
April 14, 2026 – The partnership encompasses regulated crypto, tokenized markets and derivatives, as well as enhanced liquidity for institutional clients across geographies.
April 13, 2026 – Deutsche Börse Group has invested in MerQube, a US-based technology-led research and index firm specializing in the design and calculation of innovative rules-based investment strategies and passive solutions.
